Condo prices to rise everywhere except Vancouver in 2013
The study by Genworth Canada found that average condo resale prices are expected to rise next year in seven of the eight metropolitan centres studied.
Prices in Toronto are projected to jump 2.5 per cent to $312,352.
The highest increase however, is expected to be in Edmonton where prices could rise 3.2 per cent.
Vancouver is the only city where condo prices are expected to drop, by two per cent to $348,152.
Read more: http://www.theprovince.com/business/Condo+prices+rise+everywhere+except+Vancouver+2013+mortgage+insurer+says/7169887/story.html#ixzz258dAj4yIhttp://www.theprovince.com/business/Condo+prices+rise+everywhere+except+Vancouver+2013+mortgage+insurer+says/7169887/story.html#ixzz254lLk6I7